The world’s top 20 PV module suppliers accounted for roughly two-thirds of global demand in the third quarter, with 8GW shipped, the New York-based research firm says in its latest Module Tracker Quarterly report.
And all but three of them have launched their own PV project development units.
“Similar to dedicated project developers, this allows the option to hold projects, spin off the assets into a yield company, or simply sell the projects upon completion to institutional investors,” says China-based Solarbuzz senior analyst Ray Lian.